Edinburgh (St James' Church) Residential Redevelopment Final Stage Loan -
Senior Tranche
Continued conversion of the church into 5 townhouses
Interested in this loan? Check the Resale Marketplace for availability
IMPORTANT
For more information to help you understand the relative risks of Junior and Senior Tranche Loans - Click Here
For more information to help you understand the relative risks of Junior and Senior Tranche Loans - Click Here
Loan Amount
£217,500
Loan Term
8 Months
Lender Interest Rate
6.5%
Loan To Value (LTV)*
50%
Key Loan Details
Annual interest
£14,138
Security
1st charge over the property
Guarantee
From the borrowers for £650,000 of loan capital plus interest and cost overruns
Interest serviceability
Interest will be payable quarterly in arrears from proceeds retained from the loan
Capital Repayment
Sale of the units on completion
Purpose of loan
Development
Key Property Details
Valuation
£4,000,000
Use
Residential
Location
Scotland
Virtual Data Room
Registered(Approved) Lenders may view Loan Documents such as the Valuation Report in more detail in our Virtual Data Room - hosted online by Box
Please contact Lender Support if you don't have access to Box
Register as a Lender
If you would like to able to view the Loan Documents